The broader trend suggests that other market forces (such as supply shocks, demand growth, and geopolitical risk) likely play ...

In September 2008, after hurricanes Gustav and Ike decimated Gulf communities, the DOE authorized an SPR exchange of nearly 5 ...

Department of Energy authorized the exchange of as many as 1M barrels from the US Strategic Petroleum Reserve to ease the ...

The Trump administration hasn't acted "immediately" to refill the reserve, as Trump said he would. But a fast refill is being prevented by maintenance concerns, and funding for both repairs and new ...

The U.S. activates its Strategic Petroleum Reserve to counter refinery outages and Gulf Coast fuel threats. Discover the ...

The U.S. Department of Energy (DOE) authorized an exchange from the Strategic Petroleum Reserve (SPR) with ExxonMobil ...

The Strategic Petroleum Reserve, which stores U.S. oil in case of emergencies, could see a refill under President Trump, ...

The strategic petroleum reserve is the country’s emergency stockpile of oil. The 180 million barrel release would drop the reserve levels to 388 million barrels — the lowest levels since 1984.

Secretary of the Interior Doug Burgum discusses the department's plan to fix the permitting system, the slashing of oil ...

Biden taps U.S. oil reserve to ease gas prices 03:47. President Biden announced Thursday that his administration will release 180 million barrels of oil from the nation's Strategic Petroleum ...

The Biden administration on March 31, 2022, said it plans to release an unprecedented 180 million barrels of oil from the U.S. Strategic Petroleum Reserve to combat the recent spike in gas and ...

India is exploring building three new strategic oil reserves to boost its emergency stockpile and strengthen energy security, ...